Cheap Apartments for Rent in the Park Hill Neighborhood of Louisville, KY from $300 (84 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park Hill area of Louisville.

property at 4116 W Broadway

4116 W Broadway

LouisvilleKY40211
property at 947 S Brook St

947 S Brook St

LouisvilleKY40203
property at 952 S Floyd St

952 S Floyd St

LouisvilleKY40203
Showing Results 1-50, Page 1 of 2

Park Hill, Louisville, KY Local Guide

Cheapest Available Park Hill Apartments for Rent

 

The cheapest available apartment rental in the Park Hill area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Park Hill apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Lofts on OrmsbyStudioStudio,1BA$775
Rowan Place1 bedroom1BR,1BA$775
Urban FlatsA Layout1BR,1BA$780
Vue at 3rd StreetStudioStudio,1BA$799

Best Value Apartments for Rent in Park Hill, KY

As of March 25, 2025 the best value apartment in the Park Hill area is the $1.00 price per square foot 2302 Bolling Ave Model at 2302 Bolling Ave in the in the Downtown Louisville neighborhood starting from $1,250. The second greatest value Park Hill apartment is the 315 S 42nd St Model at 315 S 42nd St starting at $1,145 with a $0.92 price per square foot in the Portland neighborhood. Here is today’s list of the best values for Park Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2302 Bolling Ave2302 Bolling Ave3BR,1BA$1.00
315 S 42nd St315 S 42nd St3BR,2BA$0.92
1418 S Floyd St, Unit 31418 S Floyd St2BR,1BA$1.00
3225 Grand Ave3225 Grand Ave2BR,1BA$0.86
819 S 40th St819 S 40th St2BR,2BA$0.95
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Madison Apartments2 Beds, 1 bath2BR,1BA$1.02
Rowan Place1 bedroom1BR,1BA$1.05
1239 S Brook St, Unit 11239 S Brook St1BR,1BA$0.94

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Park Hill, Louisville, KY

Ranked #91

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Park Hill, Louisville, KY

School data provided by Great Schools

Best Local Schools in
Park Hill, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

This website compares millions of points of data to bring you Lifestyle Ratings of rentals in areas across the United States including Park Hill, Louisville, and the greater Louisville area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Park Hill Neighborhood in Louisville, KY

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Park Hill Apartments

What is a cheap apartment in Park Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Hill is under $799.

What is the price of a cheap apartment in Park Hill?

The cheapest apartment in Park Hill is Gateway on Broadway which is listed at $542, while the average apartment in Park Hill costs $1,190.

What types of apartments are the cheapest in Park Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,417 regular apartments in Park Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Park Hill?

Cheap apartments in Park Hill have an average cost of $429 which is $761 cheaper than the average rent for all rentals in Park Hill.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.